A Survey of Ecological Economics by Rajaram Krishnan, Jonathan Harris, Neva R. Goodwin

By Rajaram Krishnan, Jonathan Harris, Neva R. Goodwin

The emergent self-discipline of ecological economics relies at the concept that the world's economies are a functionality of the earth's ecosystems - an concept that noticeably reverses the area view of neoclassical economics. A Survey of Ecological Economics presents the 1st evaluation of this new box, and a complete and systematic survey of its severe literature.

The editors of the quantity summarize ninety-five seminal articles, chosen via an exhaustive survey, that enhance the sector of ecological economics and symbolize the easiest pondering to this point within the region. each one two-to three-page precis is way extra complete than a regular summary, and offers either the subjects coated in every one paper and crucial arguments made approximately every one subject. Sections hide:

  • historical viewpoint
  • definition, scope, and interdisciplinary matters
  • theoretical frameworks and strategies
  • energy and source stream research
  • accounting and review
  • North-South/international matters
  • ethical/social/institutional matters

every one part is preceded via an introductory essay that outlines the present nation of information within the box and proposes a learn schedule for the long run.

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When narrow-minded, tunnel-visioned economists blindly accept current consumption as the inevitable and desirable outcome of individual preferences, they describe only a minute portion of the canvas. Richard H. Tawney (1880–1962) Tawney, like the others, took the false equation of wealth and consumption with happiness as his starting point. He was troubled by the modern belief that the “principal aim of man, what should be taught to children, . . ”6 With such a standard, the goal of society must be to produce and then produce more.

There have been economists who have questioned this premise. In what follows, the thoughts of four such economists are examined. Each in his own way rejects the conventional wisdom that economic growth is an end in and of itself. They have all viewed the growth of production and consumption as a means rather than an end. They define that end as life in all of its dimensions, especially the higher, immaterial dimensions. J. C. L. Simonde de Sismondi (1773–1842) Sismondi was writing during the period of transition from craft production to industrialization, and his views were shaped by the excesses of that time.

Goodwin, Silvio O. Funtowicz, Jerome R. Ravetz, and Bruce Mazlish, Intellectual Trends into the Future: Neoclassical Social Science and the Possibility of Social Progress (in preparation). 2. Another word, favored by many economists, is utility. In its most general sense (where it means something like “whatever it is people want”), utility is, if anything, less well defined than well-being. When a more concrete definition is needed, utility is often defined as consumption of goods and services.

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